Pres. Obama Addresses Nations Debt

Governor Recommends Broad Cuts, Consolidation (Fenceviewer)

AUGUSTA — Calling for further consolidation of both municipal and state services, Governor John Baldacci on Friday proposed a supplemental budget to close a $438-million gap in the state’s general fund.

OECD urges action as Britain’s debt mounts (AFP via Yahoo! News)

The OECD urged action on Thursday as new data showed Britain plunging ever deeper into debt, one day after Prime Minister Gordon Brown pledged a new law to fix public finances.

Crisis fading, not debt (Business Day)

According to the Reserve Bank and Treasury, things are looking up but many challenges remain.

Money Talk: Debt settlement could hurt your credit scores

Dear Liz: I have $175,000 in credit card debt. Almost all of this debt was due to balance transfer offers over the years which I managed quite well to make sure I had no balances with high interest rates.

¡No Pasarán!: Aviation's Debt to the French

Today’s aerospace manufacturers on both sides of the Atlantic are postwar creations in terms of their corporate lineage. Yet their debt to the achievements of aviation’s pioneers a century ago is unquestioned. …

Justmoney News » Blog Archive » More people in court due to debt

A daily look at personal finance news from Justmoney.co.za.

When Stranded In A Forest Of Debt, Just Keep Chopping | Frugal Dad

That’s the approach we have taken to debt repayment. Some trees (debts) were taller than others; some bigger around. It didn’t matter, we just kept chopping, and eventually those trees began to fall. To most people, it might seem like …

EAST WINDSOR: State rep discusses municipal consolidation at local forum (Windsor-Hights Herald)

EAST WINDSOR — When it comes to consolidating two municipalities, no two situations are exactly the same.

The Debt Commitment Conundrum – DealBook Blog – NYTimes.com

Well, banks are loath to allow targets to be third-party beneficiaries of debt commitment letters. Thus, banks enter into these arrangements directly with acquirers, and targets are not a party to them. This raises two potential …

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